EACO (OTCMKTS:EACO) Shares Gap Up – Still a Buy?

EACO Corp. (OTCMKTS:EACO – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $125.00, but opened at $140.00. EACO shares last traded at $140.00, with a volume of 224 shares changing hands.

EACO Stock Performance

The stock has a market capitalization of $680.40 million, a price-to-earnings ratio of 14.24 and a beta of 0.34. The business has a fifty day simple moving average of $131.70 and a 200 day simple moving average of $105.04.

EACO (OTCMKTS:EACO – Get Free Report) last posted its earnings results on Wednesday, October 28th. The financial services provider reported $3.16 earnings per share for the quarter. EACO had a return on equity of 27.35% and a net margin of 9.01%. The company had revenue of $163.89 million during the quarter.

About EACO

(Get Free Report)

EACO Corporation, through its subsidiary, Bisco Industries, Inc., distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally. It offers electronic components, such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as various fasteners and hardware products. The company also provides customized services and solutions for various production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, integrated supply programs, and others.

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